South Milwaukee, WI Real Estate
According to census data in the year 2000 there were 9,103 housing units in South Milwaukee.
This represents a 8% growth from 8,428 in 1990.
Of those housing units, 9,103 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Milwaukee is about 62%.
South Milwaukee's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in South Milwaukee were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 14.60% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $111,300 |
| Median Price asked for vacant units | $133,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $563 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 14.30% |
| Simple Mortgage | 41.90% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
